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July 16, 2024
After china said the trade negotiators reached consensus on certain issues. We stay real estate and Consumer Discretionary leading the gains on the s p 500. Drugmakers are losing ground. Hitting session lows. This after a report that federal prosecutors part of a criminal investigation into whether pharmaceutical Companies Intentionally let opioids like communities. All of them the most since august. Falling the most since august. Amanda one read on the economy that could be a good sign ahead of...
July 3, 2024
This hour. These are modest declines. Dow down 71 points. S p futures off 11. Nasdaq down by 44. At this point, the dow is on track for its fourth negative week in the last five and that is because of the treasury yields. They have been pushing higher and higher. The tenyear yield is 4. 95 . In fact, it did cross that 5 line that we were watching. Hovering at 5 . Yesterday, just after 5 00 p. M. , the tenyear yield hit the 5 level briefly. The last time we hit that level was july of 2007. Yester...
June 29, 2024
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quit...
June 28, 2024
The Company Needs to do to keep the stock soaring. We start off with netflix. That stock is taking off after hours to an alltime high after crushing earnings expectations for subscribers growth lets get to Julia Boorstin for the latest details. Reporter melissa, netflixs investment in original on tent is paying off driving the company to beat on the top line and with that all important subscriber number. Netflix added a total of 5. 2 million new subscribers in the Second Quarter thats 2 million ...
June 28, 2024
Large kenmore appliances outside its on stores on you guessed it, amazon. It will also sell some smart appliances that will respond to voice commands through amazons alexa or echo device. The dole is a gamble. It might leave sears stores traffic, but could u inject new life into the kenmore brand. Sears s the deal sparked a rally in shares of the Iconic Department store. Sears stock up 10 . But it also knocked the wind out of other companies that sell appliances. Like home depot, lowes and whirl...
June 26, 2024
And spain and france. Strong gains across europe. And look at crude, which is set for weekly gains, up by 1. 25 on the week. Showing just about that gain today. We got surprising inventory builds yesterday. Traders seem to be taking in stride. The u. S. Treasury department issuing final rules to crack down on those tax inversions. Thats when a company is acquired by a smaller foreign business in a low tax country to avoid paying the higher u. S. Corporate tax rate. The new rules crack down on ea...
June 21, 2024
Little faster than he thought he could and jackknifed the trailer. Ended up crashing that you the center mead into the Center Median wall and took out another vehicle in the process. Reporter the crash shut down all northbound lanes and snarling travel for miles. Officers say no one was hurt. But the impact took out a chunk of the center divide. And check this out. These were the driving conditions along highway 101 earlier this afternoon. One minute it was a drizzle. The next a downpour. Chp sa...
June 21, 2024
We also had some severe thunderstorms up in the central valley. We could see a thunderstorm around here in the next few hours. When i come back well put it all together. Just know thats a nice weather system that rolled through here. That rain caused headaches for drivers around the bay area. Wet roads were a factor in a big rig crash on highway 101 in the north bay. Cara has been out in the Stormy Weather all day long and joins us live. Theres a little moisture on the lens. Reporter sure. The s...
June 21, 2024
Forth. Look at oil, brent down and look at west texas, down. Major historic lows on a 2 slide in oil. Theres the euro dollar trade. The euro and the dollar inching ever closer though the year row is euro rowe is up. Sara iverson is in. Hi sara. Hi. The british, german and french markets all up nicely. Lets bring in bob pisani. Whats up . Normally we have that kneejerk reaction. Thats not happening today. Lets take a look at the s p 500. This is pretty strong rally that weve seen. It helps to hav...
June 20, 2024
Richmond is responsible for permits. Whous say sit on what kind of paip they use . That is unclear. Before the agreement, chevron responded to a letter saying were confident we have made the right decision considering all factors in selecting the material of rebare. We asked if theyd begun. This caveolding is doing inspections to make sure no damage occurred p the fire. That is inspection work. The district tries to expand its own, chevron is aing it will wait for talks before moving forward. St...